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415 Cedar

Munising, MI 49862
  • $799,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: 50134415
UPDATED: 92 min ago
$799,000
  • 0
    BEDS
  • 1.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,635
    SQFT
  • $142
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1948
County:

School Ratings & Info

Description

WELL ESTABLISHED nostalgic Motel in the heart of the Upper Peninsula of Michigan. You can own your own successful business in Munising, which is a flourishing tourist town. Recently remodeled with a complete list of updates which include exterior paint, awnings, chimneys, roof, cedar sauna with tile floor, firepit, pollinator garden, 2 new water heaters, picnic tables, office floor, coffee set up for rooms, new refrigerators & microwaves in most rooms. A great deal of attention has been given to the inside of each room and the outside grounds with cherry & pear trees as well. (Improvement list provided) 12 Units plus a small laundry room, office area and managers/owners residence. Managers residence includes 2 bedrooms, 2 bath, large living room, updated kitchen, office area, utility rooms, storage areas, greenhouse. Ample parking accommodates the motel guests with additional parking for trailers available on the vacant lot along Cedar St. Additional vacant lot located block North is included in the sale. Great location on a main corridor through the U.P. and within walking distance to all that you need. Neighboring Pictured Rocks National Shoreline had over 910,000 visitors in 2023 and home to Icefest. Lake Superior, many waterfalls, beaches, hiking, biking, ATV, XC skiing & snowmobiling. Sale will include Business, furnishings, fixtures, and equipment (but not the Coke collectables). Well established with repeat customers and great reviews you can read online!

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-18T07:49:40.93.
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415 Cedar Munising, MI 49862

  • Price: $799,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 92 min ago
  • MLS #: 50134415
0
Beds
0
Baths
0
½ Baths
1.2
Acres
5,635
SQFT
$142
$/SQFT
1948
Built
Neighborhood:
Munising (02012)
County:
Alger
Area:
Munising (02012)
Property Description
WELL ESTABLISHED nostalgic Motel in the heart of the Upper Peninsula of Michigan. You can own your own successful business in Munising, which is a flourishing tourist town. Recently remodeled with a complete list of updates which include exterior paint, awnings, chimneys, roof, cedar sauna with tile floor, firepit, pollinator garden, 2 new water heaters, picnic tables, office floor, coffee set up for rooms, new refrigerators & microwaves in most rooms. A great deal of attention has been given to the inside of each room and the outside grounds with cherry & pear trees as well. (Improvement list provided) 12 Units plus a small laundry room, office area and managers/owners residence. Managers residence includes 2 bedrooms, 2 bath, large living room, updated kitchen, office area, utility rooms, storage areas, greenhouse. Ample parking accommodates the motel guests with additional parking for trailers available on the vacant lot along Cedar St. Additional vacant lot located block North is included in the sale. Great location on a main corridor through the U.P. and within walking distance to all that you need. Neighboring Pictured Rocks National Shoreline had over 910,000 visitors in 2023 and home to Icefest. Lake Superior, many waterfalls, beaches, hiking, biking, ATV, XC skiing & snowmobiling. Sale will include Business, furnishings, fixtures, and equipment (but not the Coke collectables). Well established with repeat customers and great reviews you can read online!
Exterior Features

Exterior Construction HardboardPartial-Vinyl Exterior Features Garden Area Foundation Type Slab Frontage 286 Location Corner LotMain StreetResidential Area Lot Size 286x150x143x100x143x50 Parking On SiteParking Lot Roads City/CountyPaved StreetYear Round Roofing Shingles Substructure Types ShedSauna Water Features None Waterfront YN No

Interior Features

Basement YN No Commercial Features Cable Internet InstalledCable TV AvailableFixturesFurnitureLiving QuartersLiving Quarters AttachedPole SignReception AreaRoof SignFiber Optic Internet Cooling System Window Unit(s) Fuel Type Natural Gas Heating System Hot Water Water Heater Gas

Property Features

Additional Documents YN No Assessments YN No Business Name Scotty's Motel Business Type Hotel/Motel Commercial Type Business Encroachment YN No Environmental Condition YN No Financial Terms CashCommercial Loan Lease YN No License Available YN No Municipality Munising Ownership Private Sale Includes Business and Real EstateInventoryLiving QuartersSupplies Sewer Septic Public Sanitary Sq Ft Source Assessors Data Subject To Short Sale Approval No Summer Tax Amount 7239.8 Summer Tax Year 2023 Total Tax Amount 9638.71 Total Tax Year 2023 Type 5 or More Units Water Public Water Winter Tax Amount 2398.91 Winter Tax Year 2023 Zoning Commercial

Listing courtesy of RE/MAX SUPERIORLAND : 906-387-4530.

Source MLS: MiRealSource
Originating MLS: Upper Peninsula Assoc of Realtor

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-18T07:49:40.93.
 
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